News

New Delhi: 14 Feb 2015: Finance and management experts from all over the country congregated at a summit titled The National Finance Summit, 2015:Managing Risks in the Vibrant Economy: Issues & Challenges held at Dwarka Campus of Lal Bahadur Shastri Institute of Management (LBSIM) this week end to deliberate on whether the changed political scenarios in India and now in Delhi has impacted on financial risks and investment management conditions in the country.

The Summit was inaugurated by R.K Dubey, former CMD Canara Bank who was welcomed by Anil Shastri, former Union Minister and Chairman, Board of Governors, LBSIM.

Professor and convener of the summit, Dr Alok Pandey explained the reversal of BJP’s performance from 7-0 in Delhi’s Lok Sabha elections to 3-67 in Delhi’s Assembly elections within a short period of 7 months. He opined that “the reaction to the controversial quotes like ‘Ramzade to Haramzade’ of BJP leaders during election speeches and subsequent remarks of US President Barack Obama that ‘Mahatma Gandhi would have been an unhappy soul today’ indicate the prevailing market mood generated in the investment environment, thereby adversely affecting FDI investment in India.